Finance News – Supermarkets
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Supermarkets hit out at government plans to cut calories from Brits’ baskets
Retail executives warn that the proposed government regulations aimed at lowering calorie consumption may increase operational expenses for stores without effectively improving the...
Read Full Article →The way to tackle obesity in the UK is to make healthy food affordable. But the government won’t adm...
Addressing obesity effectively requires reducing the cost difference between nutritious and processed foods, as current price disparities significantly impact consumers' purchasing...
Read Full Article →Aldi drops its own price bomb in supermarkets’ targeted price attacks
Aldi’s strategic price reductions aim to attract high-volume shoppers, reflecting broader retail efforts to balance customer affordability with competitive positioning in a challen...
Read Full Article →Slim pickings: grocery sales down as Brits turn to weight-loss jabs
The increasing adoption of prescription medications for weight management is contributing to reduced grocery store revenues, as consumers adjust their purchasing habits beyond typi...
Read Full Article →'Dismal' month for supermarkets pushes down retail sales
Retail sales experienced a notable decline in May, marking the sharpest monthly decrease in sales volume since the end of last year, reflecting challenging conditions for supermark...
Read Full Article →Cheaper imported chicken and beef increasingly seen in UK supermarkets
The increased availability of lower-cost chicken and beef from countries like Australia, Poland, and Uruguay in UK supermarkets may impact domestic producers by introducing more af...
Read Full Article →UK supermarkets exploit tax loophole to produce cider at ‘pocket-money prices’
Some major UK retailers are using a specific tax provision to sell highly alcoholic cider at very low prices, which may contribute to increased public health expenses and social ch...
Read Full Article →Cyber crime is surging. Will AI make it worse?
The increasing frequency of digital attacks on UK retailers is causing significant economic losses, with advanced technologies potentially amplifying the costs associated with data...
Read Full Article →Sale of small-town IGA sparks fears of duopoly and grocery price hikes
The recent transaction involving a local grocery store has created links among the three small supermarkets in Esperance, raising concerns among residents about potential increases...
Read Full Article →Sunny spring drives biggest jump in retail sales in Great Britain in four years
The unexpectedly high 1.2% increase in retail sales during April contributed to the strongest quarterly growth in nearly four years, positively impacting overall consumer-driven ec...
Read Full Article →Supplier to major supermarkets hit by cyber attack
The recent cyber incident involving Peter Green, a logistics company serving prominent supermarket chains, could impact supply continuity despite its smaller market presence compar...
Read Full Article →Live: Nationals consider split as Coalition negotiations continue
The ongoing discussions between the Liberals and Nationals hold considerable economic implications due to disagreements over nuclear power development, allocation of funds to regio...
Read Full Article →Tesco and Waitrose back King’s challenge to tackle hunger issues
The collaboration among major UK supermarkets aims to increase charitable contributions through customer donations, potentially enhancing support for hunger relief organizations an...
Read Full Article →UK government dropped health push after lobbying by ultra-processed food firms
The decision to remove recommendations encouraging retailers to promote healthier food options likely impacted market dynamics and sales strategies, potentially affecting revenue d...
Read Full Article →Your next shop will be a lot cheaper as big supermarkets go to war
Increased competition among major retailers is expected to lead to more substantial price reductions and a wider range of affordable products, potentially benefiting consumers with...
Read Full Article →Woolworths sales fall behind Coles as price battle rages on
In the context of a competitive price reduction strategy amid an ongoing cost-of-living crisis, Woolworths is experiencing declining sales compared to Coles, affecting their market...
Read Full Article →Armagh healthy ready meal firm enters liquidation
A healthy ready meal company from Armagh has ceased operations, resulting in its products being removed from major supermarkets in Northern Ireland, indicating potential financial...
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